Later this month, HSA Commercial and Great Point Investors LLC will break ground on a 652,000-square-foot spec industrial facility in Lebanon, Tenn.

The Chicago industrial market isn't the only one on a hot streak. Record-low vacancy and rising rents in Nashville are spurring new development in the area, and Taylor Johnson client HSA Commercial Real Estate is the latest firm to capitalize on pent-up demand. The Chicago-based firm recently announced plans to develop a 652,000-square-foot spec distribution center in Lebanon, Tenn., in partnership with Boston-based Great Point Investors LLC. Slated to deliver in first-quarter 2017, the facility will cater to larger warehousing and logistics businesses requiring at least 200,000 square. REJournals.com, Heartland Real Estate Business and Commercial Property Executive are just a few of the media outlets that reported on the new development.